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Fiscal contraction linked to lower NPLs in the long run
Study shows fiscal consolidation reduces non-performing loans long-term but increases them temporarily, using bank data from Guyana. Oil prices and efficiency matter most.
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Financial development and growth show an inverted-U pattern
Endogenous growth model showing financial development creates opposing effects on growth through improved funding access and increased R&D competition for limited innovation resources.
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Public debt is linked to lower economic growth in Türkiye
Fourier-ARDL analysis of public debt-growth nexus in Türkiye identifies U-shaped nonlinear relationship with 61-63% threshold, contradicting linear models and conventional growth stimulus rationales.
